— Seeks to trim a hodge-podge collection of overlapping jurisdictions — Give the Federal Reserve more power to protect the stability of the entire financial — Merge day-to-day bank supervision into one agency — Create one super agency in charge of business conduct and consumer protection. — Proposes to eliminate Office of Thrift Supervision and the Commodity Futures Trading Commission, merging their functions into other agencies. — Asks Congress to establish a federal Mortgage Origination Commission to set recommended minimum licensing standards for mortgage brokers — Asks Congress to establish an Office of Insurance Oversight inside the Treasury Department.